Brief: Qantm Intellectual Property Receives Unsolicited NBIO From IPH

IPH

08/05/2024 03:30

May 8 (Reuters) - QANTM Intellectual Property Ltd
 QIP.AX :
    * QANTM RECEIVES UNSOLICITED NBIO FROM IPH
    * GOT AN UNSOLICITED NON-BINDING INDICATIVE PROPOSAL FROM
IPH LTD
FOR POTENTIAL ACQUISITION OF CO
    * SCHEME FOR 0.291 IPH SHARES AND A FULLY FRANKED SPECIAL
DIVIDEND
OF UP TO A$0.11 CASH PER QANTM SHARE
    * NO CERTAINTY THAT IPH NON-BINDING INDICATIVE PROPOSAL OR
ADAMANTEM INDICATIVE  PROPOSAL WILL RESULT IN TRANSACTION

Further company coverage:  IPH.AX 

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